North America Electric Motor Market Overview

Market Size in 2024: USD 30.1 Billion

Market Size in 2033: USD 37.1 Billion 

Market Growth Rate 2025-2033: 2.24%

According to IMARC Group's latest research publication, "North America Electric Motor Market Report by Type (AC Motor, DC Motor, and Others), Voltage (Low Voltage Electric Motors, Medium Voltage Electric Motors, High Voltage Electric Motors), Speed (Ultra-High-Speed Motors, High-Speed Motors, Medium Speed Motors, Low Speed Motors), Applications (Industrial Machinery, HVAC, Transportation, Household Appliances, Motor Vehicles, and Others), and Country 2025-2033", The North America electric motor market size reached USD 30.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 37.1 Billion by 2033, exhibiting a growth rate (CAGR) of 2.24% during 2025-2033.

Download a sample PDF of this report: https://www.imarcgroup.com/north-america-electric-motor-market/requestsample

Growth Factors in the North America Electric Motor Market

  • Rising Demand for Electric Vehicles:

The increase in electric vehicle (EV) adoption across North America has been significant for the growing electric motor market. Sustainable transportation has become a priority for consumers and governments to reduce carbon emissions. This increased demand for electric vehicles has further increased the need for electric motors that are efficient enough to power electric vehicle drivetrains. Companies such as Tesla and General Motors have increased the production of electric vehicles with the Tesla Model 3 and Chevrolet Bolt respectively and are using electric motors that enhance performance in their products. It should also be noted that this consumer shift is being increased by government incentives like the tax credits in the U.S. which make electric vehicles more enticing to consumers and thus accumulate further demand for high performance motors throughout the automotive industry.

  • Industrial Automation and Industry 4.0:

The adoption of automation and Industry 4.0 technologies in manufacturing indirectly increases demand for electric motors. Companies throughout North America, are employing smart systems, robotics, and automated machinery to increase productivity and efficiency in their operations. Electric motors make up a large portion of the components involved in conveyor systems, robotic arms, or any type of automated equipment. To give you a reference point of where we are now compared to where we used to be, Amazon's fulfilment centres use motor driven robots to help manage their inventory and fulfilment, which shows that motor efficiency is critical to their operations. The movement to smarter, automated manufacturing, will continue to drive demand for energy efficient, reliable motors that will maintain continuous, repeatable processes in industrial applications.

  • Focus on Energy Efficiency and Sustainability:

Environmental awareness and climbing energy costs are leading various industries to use energy-efficient electric motors as they use less energy and will reduce costs and energy usage in applications such as HVAC systems, commercial and industrial machines and consumer appliances. The U.S. Department of Energy's regulations employ energy efficiency standards for motors, which benefits companies looking to develop innovative standards. Companies like ABB have developed high-efficiency electric motors for use in industrial applications, as they consume less electricity while maintaining the same operational volume. FOCUSING ON ECO-FRIENDLY MATERIALS WILL DRIVE MARKET GROWTH THROUGH A FOCUS ON TERMINAL PERFORMANCE, AS BUSINESSES WILL NEED TO FACTOR IN GREEN TECHNOLOGIES TO MEET REGULATIONS AND CONSUMER DEMAND.

Key Trends in the North America Electric Motor Market

  • Advancements in Motor Technology:

Electric motors continue to be reimagined through the advancement of development design principles. More robust and efficient insulation materials, improved compact and lightweight design, are all promising innovations. These developments improve efficiency, reliability, durability and performance of electric motors for many applications. Nidec Corporation has developed ultra-compact, lightweight and powerful motors primarily for EV's and drones. As space becomes increasingly limited, this advancement is very exciting for designers who expect increased power requirements without wasted space. Likewise, new rotor and stator designs, advances in rotor and stator design support greater reliability and enable use in more applications with greater service demands, both of which demonstrate importance in the aerospace and automotive industries. Development innovations enable companies to expand their offerings and target more applications, which will stimulate further adoption and growth of the electric motor market in North America.

  • Integration of IoT and Smart Features:

As Internet of Things (IoT) technology continues to be incorporated into electric motors, real-time remote monitoring and programming, as well as predictive maintenance will continue to expand. Smart motors with integrated sensors report data on performance, temperature, and wear, which will restore and reduce both downtime and maintenance costs. For example, Regal Beloit's Genteq Ensite motor, marketed for HVAC applications, has an IoT component to incorporate U.S. energy regulations and predictive maintenance. This is part of the larger trend toward Industry 4.0 due to increased operational efficiencies from connected systems. Smart motors will increasingly become desirable in industrial and commercial applications across North America.

  • Growth in Renewable Energy Applications:

The push towards renewable energy developments like wind and solar, is increasing the need for specialized electric motors. These motors are essential to power the accessory sixty's equipment that goes into machines like wind turbine generators and solar tracking systems, which depend upon whichever cost-effective efficient products available Durability is crucial. Companies such poison charges exemplify that the company has created for renewable energy applications, showing improvements to all kinds of performance in extreme environments cappabailities. As North America begins to shape its investments in clean energy sustainability goals, the demand for motors that more specifically target these same experiences have long been on trend. Hence, there is an industry reflection on how to minimize everyone's carbon footprints while addressing this issue and supporting better technologies for green energy advancements like futureleading advanced motor industry technologies. RFC.

We explore the factors driving the growth of the market, including technological advancements, consumer behaviors, and regulatory changes, along with emerging north america electric motor market trend.

North America Electric Motor Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

  • AC Motor
    • Induction AC Motor
    • Synchronous AC Motor
  • DC Motor
    • Brushed DC Motor
    • Brushless DC Motor
  • Others

Voltage Insights:

  • Low Voltage Electric Motors
  • Medium Voltage Electric Motors
  • High Voltage Electric Motors

  • Speed Insights:

    • Ultra-High-Speed Motors
    • High-Speed Motors
    • Medium Speed Motors
    • Low Speed Motors

Applications Insights:

  • Industrial Machinery
  • HVAC
  • Transportation
  • Household Appliances
  • Motor Vehicles
  • Others

Country Insights:

  • United States
  • Canada

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Future Outlook

The North America electric motor market is expected to experience strong growth as the rise of electric vehicles, industrial automation, and renewable energy initiatives continue. Automakers will need to invest heavily in high-performance motors and government support for sustainable transportation policies has been encouraging. The reality of Industry 4.0 means adopting smart motors and IoT enabled devices in both manufacturing and HVAC systems, to improve efficiency and reduce costs. Compact designs, energy-efficient designs, and smart motors will allow applications to expand to new areas such as aerospace, healthcare, and consumer electronics. Costs are often a barrier to entry for many new technologies; however, the outlook is positive for the electric motor market and the opportunity for automation manufacturers to define the trends and meet new, constantly changing serviceable industry.

Research Methodology:

The report employs a comprehensive research methodology, combining primary and secondary data sources to validate findings. It includes market assessments, surveys, expert opinions, and data triangulation techniques to ensure accuracy and reliability.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145